XTEP International's Gross Margin Remains Stable This Year.

XTEP international [6.36-0.47%] (01368) nine year net profit increased 27.4% to 648 million yuan, gross margin improved 2% to 39.1%. In the third quarter of the year, the order of XTEP shoes increased by 22% annually, and the cost of raw materials had been locked. The gross profit margin is still rising steadily this year. Management plans to open 800 to 1000 stores this year and continue to infiltrate two or three cities, accounting for 85% of those cities. It is suggested that 6.3 yuan should be bought, with a view of 7.2 yuan and a 5.95 yuan reduction.

Dun Pei financial [0.24-3.23%] suggested buying at 6.3 yuan.